Community Update — October 2023

Cosmoverse started the month off big, and it didn’t slow down — from partnership announcements and innovative new ecosystem releases to a critical community proposal passing governance, October 2023 may be the month we look back on as an inflection point for the Terra community.

Here’s everything that happened in the Terra ecosystem in October 👇

⚛ Cosmoverse 2023

• Cosmoverse took place on Oct 2–4 in Istanbul. The Terra booth was hopping throughout, and plenty of LUNAtics stopped by to say hello.
• TFL CEO Chris Amani gave a keynote presentation on the first day, laying out his thoughts on the future of Terra and revealing what TFL is working on. Some said it was the most interesting talk at Cosmoverse 😊
• Warp Protocol held a hackathon, offering $3K in prizes. BIG Labs took part by creating a grid & DCA bot, coming to Terra soon.
• How decentralized is Terra? It won an award for decentralization at Cosmoverse… and nobody claimed it 😂
• For a complete digest of the Terra happenings from the event. Thank you to the Cosmoverse team for hosting an amazing event, and shout-out to all the LUNAtics who were there in person 💛

🌎 Ecosystem Updates

• Nibiru, a new Cosmos chain, is teaming up with Warp Protocol to bring limit orders to Nibi-Perps 📊
• PixeLions notched top volumes across all Cosmos NFTs in early October, showing how NFT collections can be successful by launching on Terra and building their communities on Enterprise Protocol.
• Ginkou, a protocol building the Bank of Alliance on Migaloo, announced their intention to provide loans for Amp and b collateral Alliance assets.
• Andromeda spoke with TFL’s Zion Schum about how aOS is set to accelerate development across initiatives like Alliance and Enterprise Hub, enabling devs to build faster than ever before.
• The protocol formerly known as Dexter announced its new name: URA.
• The “CosmoCarpet” collection, including a beautiful Terra design inspired by a nomadic rug motif, was released.
• Beefy and GOGO users who qualify for the airdrop outlined in Prop 4765 can now claim their airdrop 🪂
• Dev3Map dropped an analysis of Terra developer activity.
• Capapult announced their 8-step roadmap, including IBC liquidations using Warp Protocol and new token listings.
• Ginkou opened their community chat for everyone to join.
• White Whale announced they would be migrating liquidity from the WHALE-axlUSDC pool on Terra to the new WHALE-USDC pool on Migaloo. This, along with three other updates, including incentivizing WHALE-LUNA pools on Terra 🔥
• Cast your vote to request Pulsar Finance track staked Alliance assets on Terra. The process works — Pulsar is already implementing Station Wallet for voting in response to user feedback 🤝
• New liquid Alliance staked tokens dropped from Eris Protocol: ampWHALEt and boneWHALEt.
• Celatone, a powerful new suite of developer and analytics tools, is now live on Terra.
• Cosmos Rescue announced a new feature: a validator voting history tracker, so community members can choose a validator that’s active in governance and aligns with their values.
• Station Wallet created new Discord and Telegram channels specifically for Station enjoyoors. Join or suffer the wrath of OtherMike2! (j/k, he’s very nice)
• Eris Protocol launched four new Amp compounder pools on Terra.
• Warp Protocol showed off its beautiful new landing page 🌀
• Ginkou surpassed $100K TVL in under two weeks 🤯 The Ginkou team is killing it!
• The team behind Terra’s Growth DAO released an introduction to Growth DAO, including the problem they’re tackling, how they’re approaching it, and an introduction to the team.
• Eris Protocol’s Amp Z on Terra leveled up with new yield sources and destinations.
• Enterprise Protocol teased a new DAO icon. What do you think?
• Astroport initiated ASTRO buybacks on Neutron.
• TFL partnered with TerraSpaces, Terra’s community-run audio vault for Terra-related podcasts and events, supporting everything they do for the Terra community.
• Capapult introduced the Solid Rebranding Contest in partnership with TFL to enlist the community’s help in shaping the future visual identity of Solid, the new name for Capapult.
• The Enterprise DAO app moved to dao.enterprise.money 📢
• MantaDAO announced Terra support coming soon, including the ability to trade ROAR on MantaSwap deployed on Terra.
• Skeleton Punks released a spooky, seasonally-appropriate bounty worth over 3,000 LUNA. Let the dark moon rise 🌒
• The URA intern leaked some teasers. Looking good!
• Growth DAO shared early progress from its team of analysts. Bookmark the Growth DAO Notion site to stay up-to-date.
• Alliance DAO NFTs from the Game of Alliance are coming soon. Get ready!

🏦 Governance Updates

• Prop 4785, to upgrade Terra to v2.5.1, passed. The upgrade took place on Oct 18th.
• TFL’s Chris Amani requested a community grant to enable TFL to jumpstart the Terra ecosystem, leveraging its resources and expertise. After discussions with the community, including refinements to the proposal based on feedback, Prop 4790 passed with overwhelming community support. Chris thanked the community for its support. TFL is already evaluating opportunities, with big announcements and product releases on the way.

🤝 Integrations & Listings

• Levana Protocol launched fully collateralized perpetual swaps for LUNA on Osmosis, offering up to 4x leverage (backed by USDC). It will track how much interest there is and report back to Terra with its findings.

🎥 Media Features

• @terra_money hosted Talking Terra with TFL on Oct 11th for a recap of Cosmoverse and a discussion about the TFL Community Grant proposal with the community. (TerraSpaces recording here.)
• @terra_money hosted an additional Space on Oct 11th devoted to discussing the TFL community grant with the Terra community.
• @astroport_fi and @Entanglefi put on a collaborative Space on Oct 13th to discuss the possible synergies between the two protocols. (TerraSpaces recording here.)
• @Panterra0x and @_rustopian brought back Terra Bites to discuss the TFL community proposal, plus everything TFL has been working on with Chris Amani. Welcome back, frens 🫶
• @terra_money returned with another Talking Terra with TFL on Oct 26th, which covered product updates, the passage of the community grant proposal, and an introduction to GrowthDAO. (TerraSpaces recording here.)
• @thegalacticdao announced the return of Punk FM, let’s goooo!

🎧 Follow TerraSpaces Audio Vaults on Apple Podcasts, Spotify, and Google Podcasts to listen back to previous Terra community Twitter Spaces.

✏️ Community Thread Highlights

• @MB_Aejir broke down the highlights of TFL CEO Chris Amani’s Cosmoverse keynote.
• @BackBone_Labs shined a spotlight on Terra’s plans to bridge real-world economies with the blockchain, including Quill, JAX, and Warp Protocol.
• @WhaleyDAO created a visualization of Ginkou’s #AllianceBank for b and amp assets.
• @LionDegen laid out the app suite that Terra is building, which focuses on organic growth and cross-chain functionality, and drives economic activity on-chain.
• @MB_Aejir followed up with another thread, this time on the commerce-ready web3 platform that Enterprise Protocol is building.
• @MB_Aejir created an in-depth guide about the TFL community grant proposal ahead of the vote.
• @0xcarbon released a thread about how blockchains can collaborate and thrive together through the power of Alliance.
• @0xcarbon also created an infographic on how to stake rSWTH on Terra.
• @orbital_command published another Terra Weekly 🌖, aggregating all the happenings within the Terra ecosystem, including the passage of the TFL community grant proposal.

💬 Closing Note

The events of October show that the Terra ecosystem’s ambitions are as large as ever, with cutting-edge products designed to bring economic activity on-chain. Add on the partnership announcements in the wake of the community grant proposal — with more big announcements coming soon 🤫 — and the excitement is building. Which begs the question: What will the rest of 2023 bring? 🌓🌔🌕

Please share your thoughts in the comments section, give this article a Like, and share it to spread the word. Until next time!

Additional Resources

The future of Web3 is being built on Terra — take full advantage of it 👇

• Explore projects building in the Terra ecosystem
• Build on Terra using Terra’s robust, open-source development suite
• Join the LUNAtic community on a variety of platforms
• Read the Terra Docs to discover all things Terra
• Visit Terra.money to browse other helpful resources